Loading…
China's reference price for 30% grade phosphate rock was about 1,056 RMB/ton on November 24, up 0.16% from November 1. Supply of medium and high-end grades was tight as some mines stopped working, though exports remained limited.
Stable domestic Chinese phosphate rock prices with tight high-grade supply suggest limited near-term downward pressure on phosphate inputs. Downstream fertilizer warming provides some support.
sunsirs.comNov 25, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
